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taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to bring down the rate 20%. six different studies said this is -- >> chris: those studies are questionable. some of them are blogged. some from the aei which is hardly an independent group. >> these are credible sources and -- >> chris: on
taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent...
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not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i think you need more specifics about what deductions he would remove to show that the math adds up with what he wants to do. >> this tuesday, the contenders square off, 7:00 p.m. eastern time is when our coverage begins and the debate will be moderated by cnn's candy crowley. >>> because of its questionable voter registration tactics in florida, here's cnn's joe johns. >> he's a veteran gop operative who just doesn't seem to go away. just a few weeks ago a wave of bad publicity hit -- disavowed by the
not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on...
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look what you said about cutting the deficit in half. >>gregg: thank you, gentleman, our campaign insiders every monday at 10 a.m., thank you, gentleman. >>heather: and october is anti-bullying month. and kids are spreading their message of hope. ♪ kids do things that are not very smart ♪ >> we will meet a special group of young performers when we come back. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic
look what you said about cutting the deficit in half. >>gregg: thank you, gentleman, our campaign insiders every monday at 10 a.m., thank you, gentleman. >>heather: and october is anti-bullying month. and kids are spreading their message of hope. ♪ kids do things that are not very smart ♪ >> we will meet a special group of young performers when we come back. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support,...
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he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no mention of his much-touted 20% tax cut at his campaign rally in yoi head. t let's talk about it on the other side. >> you paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? you think it is fair? >> yeah i think it's the right way to encourage economic growth. >> it's a simple ad, is the ad encouraging the campaign to take the issue off the table. >> a simple ad that they seem to have cut out certain parts of the interview. as you know the ad is misleading. what we do know is that governor romney's e
he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no...
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second, work on the deficit. third is tax reform and fourth is an immigration policy that makes sense. the reason i know these are good policies is because governor romney adopted three policies on the stage of the debate in the last debate. so i'm looking forward to the debate on tuesday night to see wh mitt romney we get. >> will you say president obama in the first debate, he didn't do a great job of establishing his policies in the first one. >> alex, i thought it was a tie. i understand most americans didn't think it was a tie and they thought president obama did not win the debate. i thought it was a tie. i think the president needs to get out there and be clear. and i agree with his analysis on the path of 270. >> you guys will end as being friends. that's nice. >> i'm trying to help it have governor out. >> i'm sure he appreciated it. >>> office politics morning joe style. a prediction on how this election might turn out from the hosts. many of my patients still clean their dentures with toothpaste. but t
second, work on the deficit. third is tax reform and fourth is an immigration policy that makes sense. the reason i know these are good policies is because governor romney adopted three policies on the stage of the debate in the last debate. so i'm looking forward to the debate on tuesday night to see wh mitt romney we get. >> will you say president obama in the first debate, he didn't do a great job of establishing his policies in the first one. >> alex, i thought it was a tie. i...
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which is where is the economy going, where are we with jobs, and what's happening next on the debt and deficit issue. >> we got mixed signals from the obama campaign that the president intends to be more aggressive this time around. we know it's a town hall format where the candidate will be taking questions from undecided voters but also with a moderator in place. how well does that play in an audience and with real live average citizen voters? i mean, there has to be a balance in the tone, i would imagine, for how aggressive you can be in that kind of setting. >> yeah. i think both the town hall format creates limits to how tough one can be with the other, but i also think that, you know, obama's running a very fine edge here. i think joe can, quote, be joe, whatever that means in the vice-presidential debate. i thought he was obnoxious. i thought he was caustic. i thought he was abrasive, but he can get away with it in a way that obama can't. i think that if there's anything that people liked or believed in back in '08 with obama, it was that he was sort of fair-minded, and so i think that
which is where is the economy going, where are we with jobs, and what's happening next on the debt and deficit issue. >> we got mixed signals from the obama campaign that the president intends to be more aggressive this time around. we know it's a town hall format where the candidate will be taking questions from undecided voters but also with a moderator in place. how well does that play in an audience and with real live average citizen voters? i mean, there has to be a balance in the...
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you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone knew that we were in a recession, everyone knew it was terrible. part of why barack obama got elected. it didn't how much money they were getting back. people were still scared. people were not going to spend their money. you can't blame that on a president and say look he was the boogeyman. people will hold on to their money tight. >> absolutely. we see in our new -- the new numbers out of the consumer confidence is that consumer confidence is you. we may be in a place where we're starting to move out of it. we've gotten the consumer confidence index moving up. there's a big truth fight going on all week. what really happened in libya? i want to talk a bit about that next. [ female announcer ] most whitening strips promise full whitening results in two w
you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone knew that we were in a recession, everyone knew it was terrible. part of why barack obama got elected. it didn't how much money they were getting back. people...
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the share of taxes paid by upper income iners and give tax relief to the middle class and it will be deficit neutral and you can do all of those things and have people understand that that election was about this and we need this kind of pro-growth tax reform agenda. and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question from independent people, how do you pay for it and you refuse say. >> what we have said is we are going to pay for it by limiting deductions in the polls -- and, by the way, making sure for the middle class, that protecting the home mortgage deduction and other important deductions for them and at the high end you would eliminate deductions and, you know, a lot of special interest loopholes that would allow you to bring down the rate 20%, six studies... >> chris: those are questionable, some of them are blogs and some from the aei... an independent group. >> these are credible sources, and, you know... >> ch
the share of taxes paid by upper income iners and give tax relief to the middle class and it will be deficit neutral and you can do all of those things and have people understand that that election was about this and we need this kind of pro-growth tax reform agenda. and, then work out the details in the same way, ronald reagan did with tip o'neill and working across the aisle. the governor has a proven record of being able to work across this aisle. >> chris: there are a lot of question...
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. >> he said but by the end of his first term he would cuff the deficit in half. >> oh! >> and, yet, he still has not put a single credible plan on the table on how to deal with the debt crisis. >> oh, god, i'm sorry. martha, with all due respect, this is a bunch of mularke wr. >> a bunch of bulaey. >> what does that mean? >> ah, it's irish. >> irish is i come over and smack that dumb look off your face. >> pretty funny stuff. the vice presidential debate gave us plenty to talk about and certainly plenty to make fun of, but that was last week's story. this week we'll be talking about whether president obama steps it up. >> good morning, ramdi. the debate anne is well underway, and up next is perhaps the most interesting of the three presidential debates we'll get to see. why? because of the undecided voters asking the questions. >> round from, president obama and mitt romney face off in their second debate wednesday. a town mall moderated by cnn's candy crowley who says the format presents unique challenges for candidates. >> the challenge is they have to connect with pe
. >> he said but by the end of his first term he would cuff the deficit in half. >> oh! >> and, yet, he still has not put a single credible plan on the table on how to deal with the debt crisis. >> oh, god, i'm sorry. martha, with all due respect, this is a bunch of mularke wr. >> a bunch of bulaey. >> what does that mean? >> ah, it's irish. >> irish is i come over and smack that dumb look off your face. >> pretty funny stuff. the vice...
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he said by the end of his first term he would cut the deficit in half. >> ohhh! >> yet he still does not put a credible plan on the table had to deal with the debt crisis. >> i'm sorry, this is a bunch of malarkey. >> does that mean? >> its irish. >> no, iris is i smack the dumb luck of your face. host: that was the "saturday night live"skits last night. we all know -- we will now go to seize than radio. >> thank you. today and the network tv talk shows covered topics include the vice-presidential debate, the presidential campaign, the lame- duck congress and the latest attack on the u.s. consulate in libya. c-span will re-air is program starting at noon. among the guests on "meet the press" will be republican governor bob mcdonnell of virginia. at 1:00 p.m., the guests include ohio republican senator rob portman and a delaware attorney general and some of the vice president and martha raddatz of abc news. at 2:00 p.m., it is "fox news sunday." the guests will be david axelrod enron gillespie. "state of the union" as at 3:00. she will have robert gibbs and a seni
he said by the end of his first term he would cut the deficit in half. >> ohhh! >> yet he still does not put a credible plan on the table had to deal with the debt crisis. >> i'm sorry, this is a bunch of malarkey. >> does that mean? >> its irish. >> no, iris is i smack the dumb luck of your face. host: that was the "saturday night live"skits last night. we all know -- we will now go to seize than radio. >> thank you. today and the network tv...
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. >> he says by the end of his first term he would cut the deficit in half. (laughter) >> and yet, he still has not put a single credible plan on the table how to deal with the debt crisis. >> martha with all due respect this is a bunch of mularkey. >> i don't know what i like more, the fact he's got a widow's peak or going off the deep end. >> alisyn: and thank you senator, here we go. >> that was right for parody and pretty solid job from sudeikis. >> alisyn: he does romney and biden. >> clayton: and he had the voice of ryan down. >> dave: finally presidential comedy, we love it. >> clayton: first, the second presidential debate will have a different rook and style of the first round and the reports that the president will take the gloves off. and what can we expect to see the candidates face off tuesday at hofstra university. >> dave: and peter doocy is live in d.c. this morning with the details, good morning. >> reporter: good morning, david. the debate will have a moderator and the questions by the people, and no idea what they want to ask about, only th
. >> he says by the end of his first term he would cut the deficit in half. (laughter) >> and yet, he still has not put a single credible plan on the table how to deal with the debt crisis. >> martha with all due respect this is a bunch of mularkey. >> i don't know what i like more, the fact he's got a widow's peak or going off the deep end. >> alisyn: and thank you senator, here we go. >> that was right for parody and pretty solid job from sudeikis. >>...
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. >> the trade deficit that china has cost the united states almost 3 million jobs. >> sherrod brawn is calling for action against cheating china. >> they don't play fair and we have to fight back. >> he said his bill will force trade -- >> it creates and protects job by cracking down on chinese currency manipulation. >> i brought democrats and republicans together to pass legislation on china. now we can level the playing field for workers. i'm sherrod brown and i approve this megsage. >> why are they spending so much from polling in other races show they are closing race? >> because they think this is as good a pickup tune as any that might be out there. look, the reality is sherrod brown, you described him as a populous. that's true he runs as such. he's also a liberal senator who is stuck to the hip to the obama administration roar. so on stimulus, on obamacare, and this is a state that is not necessarily overly liberal, in fact, it's conservative in many ways. they see this opportunity, they have this young man who is relatively new to politics, very charismatic, he's been a big
. >> the trade deficit that china has cost the united states almost 3 million jobs. >> sherrod brawn is calling for action against cheating china. >> they don't play fair and we have to fight back. >> he said his bill will force trade -- >> it creates and protects job by cracking down on chinese currency manipulation. >> i brought democrats and republicans together to pass legislation on china. now we can level the playing field for workers. i'm sherrod brown...
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i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working? >> no! >> he said pass my health care bill. he jammed it through congress without a single republican vote. he said we need to do this 'cause we can reduce the cost of premiums by $2,500. guess what? we found just found out from the people who look at this, congressional budget office, it's $2,500 increase in our premiums thanks to obamacare. do you think it's working? >> no. >> no, it's not working. but the good news is for ohio and for our country, we have a leader who has the experience. he's got the record. he has the character and he has the policies to turn thi
i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working?...
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bush left office eight years later we had a $1 trillion deficit. republicans doubled the national debt from 5 trillion to 10, 11 trillion. barack obama has taken the 11 trillion to 16, 17 trillion. under his own proposals and his own projections, that national debt will go over 20 trillion by the time he leaves office. both parties have been reckless and irresponsible. >> so is there any way to reduce it here in the u.s. without extreme austerity measures? >> well, we're going to see what happens when we reach the fiscal cliff. i think there is a way. >> are we going over that cliff? >> i don't think so. >> do you think they're going to come together before january 2nd? >> only because you're going to have enough ceos and people who contribute to democrats and republicans alike that go, kids, kids, come here. come here. let's gather around. we're going to stop supporting you if you don't stop acting so reckless. they've got no choice. the markets are going to kill us. you know, right now we've got again 16, $17 trillion national debt. this past yea
bush left office eight years later we had a $1 trillion deficit. republicans doubled the national debt from 5 trillion to 10, 11 trillion. barack obama has taken the 11 trillion to 16, 17 trillion. under his own proposals and his own projections, that national debt will go over 20 trillion by the time he leaves office. both parties have been reckless and irresponsible. >> so is there any way to reduce it here in the u.s. without extreme austerity measures? >> well, we're going to...
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the 1992 race when george bush was asked a question in one of these town hall debates how does the deficit and debt affect you it tripped him up a little bit. there's that personal interaction bit which is part of politics. that can be very unpredictable. we'll see how these two candidates deal with regular people when they have to talk to them face to face. >> what are we seeing at the state level. we saw romney get a bit of a bounce at the national level but ultimately the electoral college will make the choice here in this election. >> we're seeing the same kind of tightening in the battleground state polls we've seen in the national polls but it's happening in different states in different ways. governor romney is seeing some great improvement, things are going well for him in state polls and florida and colorado but not so much in virginia. tightening in ohio but not as much as colorado and florida. so, individual states are starting to align with candidates a little bit more and we'll have to see how that plays out. . >> given that movement how critical is this debate for the preside
the 1992 race when george bush was asked a question in one of these town hall debates how does the deficit and debt affect you it tripped him up a little bit. there's that personal interaction bit which is part of politics. that can be very unpredictable. we'll see how these two candidates deal with regular people when they have to talk to them face to face. >> what are we seeing at the state level. we saw romney get a bit of a bounce at the national level but ultimately the electoral...
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congress and washington doesn't get the deficit situation taken care of, these tax limitations are coming in, spending cuts are going to happen and that is what businesses are really afraid of. >> one of our headlines, excuses, excuses. i love that because one study says that a third of americans play hooky from work. >> yeah, a third. can you believe that? what is really interesting, too, is what their excuses are. some of the ones that i thought were some of my favorite. one man said that he forgot that he had -- he got hired for the job. >> what? >> yes. another woman said that her grandmother was being exhumed for an investigation. and therefore can't come in to work. her grandmother, someone part of the manson family that was under investigation now? yeah, so, that -- so there's that. and also, people still look at -- employers also investigate whether or not you're coming into work or not. that's something you have to be worried about, too. >> wow. okay, that's pretty good. thank you very much hitha prabhakar. i'm never using either of those now. >> no. >> in this morning's one-minu
congress and washington doesn't get the deficit situation taken care of, these tax limitations are coming in, spending cuts are going to happen and that is what businesses are really afraid of. >> one of our headlines, excuses, excuses. i love that because one study says that a third of americans play hooky from work. >> yeah, a third. can you believe that? what is really interesting, too, is what their excuses are. some of the ones that i thought were some of my favorite. one man...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why not get buried in something other than work? get two times the points on travel, with chase sapphire preferred. >>> dieters, i guess everybody. >> we're always on a diet somewhere. >> what if i told you could lose weight and still have all the foods you love. i know it sounds too good to be true. >> that's exactly what mark mcdonald teaches. so, we sent mark to the grocery store to show us how with moderation you really can have it all. >> so, right now i'm going to edgeicate you, we're going to educate you as we shop with lexi here how to get the foods that you love quickly, efficiently and affordable. when you look at veggies. you want to get a variety of colors because each vegetable provides you with a different level of antioxidants that help protect your selves and keep your bodies healthy. choose the fruits that you love. make sure that they look fresh and, remember, just get enough that will las
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? why not get buried in something other than work? get two times the points on travel, with chase sapphire preferred. >>> dieters, i guess everybody. >> we're always on a diet somewhere. >> what if i told you could lose weight and still have all the foods you love. i know it sounds too good to be...
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budget deficit topping that number for the fourth straight year. president obama had promised to cut the deficit in half by the end of his first term. next, 51.4 million, that's how many people watched the vice presidential debate on tv between paul ryan and joe biden. fox news the top cable network 10 million viewers. >> topped any network. >> combined can't even top them. try. the asbury park press reporting that's how much the government spent on experimental text terror program in new jersey. police say there are not been any credible tips so far using that service. >> that's a relief. there are more developments this morning in the deadly meningitis outbreak that has claimed the lives of 14 people. the number of confirmed cases now at 185 across 12 states. >> roughly 14,000 have been exposed to the recalled drug. will cece more cases and could you be at risk? joining us now is dr. marc siegel associate professor of medicine at nyu and part of our medical a team there is a new headline this morning on this new fungus that they have discovered,
budget deficit topping that number for the fourth straight year. president obama had promised to cut the deficit in half by the end of his first term. next, 51.4 million, that's how many people watched the vice presidential debate on tv between paul ryan and joe biden. fox news the top cable network 10 million viewers. >> topped any network. >> combined can't even top them. try. the asbury park press reporting that's how much the government spent on experimental text terror program...
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debt was a four letter word, deficit, the tea party movement, taxes, government spending, the role of government, the reach of government. i think that the coups and clues lies somewhere between 2008 and 2010. and sure, chemistry is important to women, biology is important to women. but in 2012 the most important issue to them really subject to them is math. >> brown: kellyanne conway and solindan lake, thank you both very much. >> thank you very much >> brown: in her weekly blog post, gwen ifill looks at how the campaigns are pitching hard to undecided women voters. and if you missed any of last night's debate, you can watch the vice-presidential match-up in full on our web site. >> woodruff: later in the program, we'll have more on the presidential race from shields and brooks. also ahead, the peace prize goes to the european union; and the pollsters, the gamblers, and the academics predict the election results. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: secretary of state hillary clinton vowed today that u.s. diplomats will not retreat from dange
debt was a four letter word, deficit, the tea party movement, taxes, government spending, the role of government, the reach of government. i think that the coups and clues lies somewhere between 2008 and 2010. and sure, chemistry is important to women, biology is important to women. but in 2012 the most important issue to them really subject to them is math. >> brown: kellyanne conway and solindan lake, thank you both very much. >> thank you very much >> brown: in her weekly...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is borne by the high income earners. he will keep saying this 5 trillion plan, i suppose. it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> well, let's talk about this 20%. you have refused, and again, to offer specifics on how you pay for that 20% across-the-board tax cut do you actually have its specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics, do you have-- do you know exactly what are you doing. >> look at what a rom-- look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base. and they worked together to fix that. what we are saying is, here's our framework. lower tax rates 20%. we raise about 1.2 trillion through income taxe
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is borne by the high income earners. he will keep saying this 5 trillion plan, i suppose. it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> well, let's talk about this 20%. you have refused, and again, to offer specifics on how you pay for that 20% across-the-board tax cut do you actually have its specifics or...
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and that is a-- that's a great gift, something the democrats need desperately. >> and it was a deficit of paul ryan as one of us said last night, that when he was asked about character, when ryan was, he talked about policy. and so it was-- it was a much more earthy-- . >> woodruff: and the vice president called him on that. >> and he is an erty, rooted very authentic guy talking about his past, his family all the time. >> woodruff: sas wwrap up here, wre ds the race stand now and what does the president and what does governor romney need to do next tuesday? >> well, i think it's basically a tie. i think if you look at nationally romney is up one. if you look at the swing states obama is up one. obama still has an advantage in ohio and some those other states but it's extremely close. and so to me what romney has to do is fill in that bipartisan thing. which i think that's what, that was effective for him in the first debate. i can work across the aisle. you know t depends which romney are you choosing from. but he has to fill that i and obama has to lay o more of a vision, i will stil
and that is a-- that's a great gift, something the democrats need desperately. >> and it was a deficit of paul ryan as one of us said last night, that when he was asked about character, when ryan was, he talked about policy. and so it was-- it was a much more earthy-- . >> woodruff: and the vice president called him on that. >> and he is an erty, rooted very authentic guy talking about his past, his family all the time. >> woodruff: sas wwrap up here, wre ds the race...
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budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident as they see signs of a pick up in housing. next week we'll get more direction on where the nation's housing market is headed with the latest monthly numbers on new home conruction and sales of exting homes. diane eastabrook reports. >> reporter: it looks like the housing market is finally emerging from its long funk. in august existing home sales increased nearly 8% to their highest level in more than two years. home construction is gaining steam along with builder confidence. and the standard and poors case shiller home price index which tracks home prices ha
budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident...
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romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat could matter the most. this year handful of states states including nevada and quarter. molly line with more on this live from boston. >> hi, shep. we turned from the states where they have been spending a lot of time. nevada glitz and glamour of the las vegas strip. real estate tough bed. highest unemployment rate in the nation at 12.1%. difficult place to convince people that things are going to get better. 6 electoral votes are at stake. real estate agent says the housing market has been disseminated. >> because of, you know, mitt romney and knowing how to manage money and obama being for the people,
romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat...
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
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federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. c
federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what...